re: Is there any reason to get uninsured motorist bodily injury insurance?(Posted by OTIS2 on 12/3/12 at 11:03 pm to TulaneUVA)

So your disability check would be equal to you salary? Will it pay your out of pocket medical expenses...copays and deductible ? Should you lose bodily function to some degree, your disability benefit going to compensate you for that?

re: Is there any reason to get uninsured motorist bodily injury insurance?(Posted by rumproast on 12/3/12 at 11:08 pm to DEG)

Well...if your spouse is killed...it would be nice to recover lost wages...loss of consortium.....wrongful death???? Right??? Obviously, health insurance doesn't help there, does it. Um is the most important coverage you can have period.....and to those who think this is greedy...well...I just hope it doesn't happen to you.

re: Is there any reason to get uninsured motorist bodily injury insurance?(Posted by rumproast on 12/3/12 at 11:18 pm to OTIS2)

Ahh...its not stupidity....its a lack of understanding. I have several clients who have purchased significant um policies after getting screwed because of not having it....they werent stupid....just didnt understand the significance...or didnt think it could happen to them.

re: Is there any reason to get uninsured motorist bodily injury insurance?(Posted by rumproast on 12/3/12 at 11:24 pm to TulaneUVA)

Ok....suppose,you fracture a vertebrate....are paralyzed. You make $100k a year as an architect...but cant work anymore. Same difference. With um, you get something for that loss. There is a "pot" to collect from.

re: Is there any reason to get uninsured motorist bodily injury insurance?(Posted by TulaneUVA on 12/3/12 at 11:28 pm to rumproast)

quote:You make $100k a year as an architect...but cant work anymore. Same difference. With um, you get something for that loss. There is a "pot" to collect from.

Agreed. But up to what the policy covers...which is again, a small chunk of change compared to not being able to work for the rest of your life as a person in their mid 20's. If some dude without insurance paralyzes you, you're fricked no matter what 'typical' uninsured motorist coverage you have. Yay, I get $25k...so what. I'm paralyzed.